000070 SSE Energy Sector Equal Weight Index
- 3046.49
- +7.32+0.24%
Viewpoint | Once the short-term disturbance of oil prices exceeds its limits, the market will undergo self-adjustment.
CNOOC's cost control ability is one level better than its US counterparts, even if the oil price falls to 65 or even 60, it can still steadily gain profits.
CNPC cancelled its renewal, PricewaterhouseCoopers faced a “wave of chargebacks” from listed companies and audited hundreds of A-share 2023 reports
① CNPC announced the “cancellation of the renewal” of PricewaterhouseCoopers tonight, only 2 months since the company previously announced its proposed renewal; ② Recently, major blue chips such as China Insurance, China Railway, and China Merchants Bank “refunded” PwC; ③ In the 2023 annual report audit, PwC served a total of 107 A-share listed companies, including heavyweight industry giants and leading Chinese state-owned enterprises.
The quarterly adjustment of the MSCI Index excludes 15 Hong Kong stocks. The effective date is scheduled for early June
① Which individual stocks will MSCI China adjust quarterly? ② How much impact does the MSCI Index have on the market?
MSCI China Index Quarterly Adjustment Announced! Added 10 new constituent stocks including Hisense Home Appliances (00921)
On May 15, MSCI, an international index compiling company, announced its quarterly index adjustment results for May 2024. The adjustment results will take effect after closing on May 31, 2024.
Also, I saw that the finance company “sold” Guangfa Bank shares. Minmetals Finance was directly discounted by 10% when listed for the second time, and Sinopec Finance still hasn't found a buyer
① Minmetals Finance's 604.113.15 million Guangfa Bank shares were re-listed and transferred. The reserve price was reduced to 564 million yuan, a 10% discount from the previous one. ② Sinopec Finance's public listing transfer of 367.21.52 million Guangfa Bank shares expired today, and no buyers have been found. ③ Regulations have forced finance companies to “sell off” financial institution shares, and central state-owned enterprises are all speeding up the sell-off of financial equity by removing non-main investments.
Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares
① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.
Following Goldman Sachs, Morgan Stanley also raised the target prices of CNPC and CNOOC
Morgan Stanley raised CNPC's target price from 6.5 yuan to 7.3 yuan, and raised CNOOC's target price from HK$18.18 to HK$19.8.
At a time when Goldman Sachs is singing a lot of “three barrels of oil”: energy stocks are also leading the rise in the US stock market. What is the secret to the explosion?
① In recent days, a research report recommending buying CNPC and CNOOC to raise the target price of “three barrels of oil” attracted great attention from Chinese shareholders; ② In fact, the rise of energy stocks in the global market this year is nothing new.
Goldman Sachs recommended “three barrels of oil”. The research report confused shareholders, and they all mocked “I asked you how sad he was. Goldman Sachs bought CNPC”
Goldman Sachs gave the reason for the recommendation: strong dividend rates and potential share buybacks.
China Petroleum & Chemical Corporation Reports FY Results
CNOOC's net profit fell 13% last year and has filed for arbitration over Chevron's acquisition of Hess | Annual Report Interpretation
① CNOOC's net assets attributable to shareholders of listed companies at the end of 2023 were 666.5 billion yuan, an increase of 12% over the previous year. ② CNOOC achieved net oil and gas production of 678 million barrels of oil equivalent in 2023, a record high for 5 consecutive years. ③ Regarding Chevron's acquisition of Hess, CNOOC director Xu Yugao said at the performance briefing that the company had filed an arbitration application with Hess on March 15.
Featured announcements | Fuyao Glass's net profit in 2023 increased 18.37% year on year; passenger occupancy rates of the three major airlines all recovered to more than 80% in February
Meitu's adjusted net profit in 2023 was about 370 million yuan, up 233.2% year on year; Longhu Group's total contract sales amount for February was 5.75 billion yuan.
Futu Morning Post | Witness history! NASDAQ hit a new closing high; performance exceeded expectations! Dell rose 20% after the market
Many senior Federal Reserve officials said they were not in a hurry to cut interest rates, nor were they afraid of January's inflation data; OKTA rose nearly 23%, and Q4 revenue and performance guidelines completely exceeded expectations; SoundHound's US stock fell 15% after the market, and fourth quarter revenue fell short of expectations. This year's revenue is expected to exceed 100 million.
“YYDS · Eternal God” has been interpreted into four major sectors. Which fund managers are heavily involved?
“YYDS” refers in turn to the four sectors of banks, operators, electricity, petroleum and coal.
[Looking at the data] Northbound Capital bucked the trend and reduced positions, Zhongji Xuchuang and China Petroleum Pioneer Securities won two quantitative seats to grab funds
① Both Zhongji Xuchuang and CNPC, which surged today, were net sold by northbound capital. ② Capital Securities was purchased by CITIC Shanghai Branch and CICC Shanghai Branch for a total purchase amount of nearly 100 million yuan.
Futu Morning Post | “Dream of interest rate cuts” shattered? The market is beginning to face the risk that the Fed will return to raising interest rates
Another 30% increase! Analysts predict that the S&P 500 index may reach 6,500 points in 2026; on the eve of the big earnings report, Nvidia once fell nearly 7% in the intraday market; it was just hit hard by Sora last week, and Adobe, the founder of PDF, introduced an AI-assisted reading function.
[Data review] Northbound Capital increased its holdings for three consecutive days, CNPC's new shares were sold by institutions by nearly 10% in circulation
① Among the top ten transactions of the Shanghai and Shenzhen Stock Connect, CNPC's net purchases ranked second. The stock received net purchases from northbound capital for 3 consecutive trading days. ② Angus, a new stock that fell to the bottom of the Science and Technology Innovation Board, was sold by five institutions for 110 million dollars. According to rough estimates, it accounts for close to 10% of the circulation market. ③ The number of short positions added to IM contracts is significantly greater than the number of long positions.
Futu Morning Post | Nvidia, AMD, Google and others hit new highs; Tesla fell by more than 12%, and bears made a profit of 3.4 billion US dollars during the year
The US GDP growth rate in the fourth quarter greatly exceeded expectations, and interest rate cuts were not falling but rising; Intel's performance guidelines for the first quarter fell far short of expectations; the poor data center business position was difficult to guarantee; it plummeted 10% after the market; Apple made historic concessions in the European Union! Fees have been reduced, downloads outside of app stores are allowed, and browsers and payment systems have all changed.
[Data review] Northbound increases, Yangtze Electric Power reduces inventories, CNPC surges, market agencies and tourism “go short”
① Northbound Capital's net purchase of Changjiang Electric Power exceeded 600 million and increased its position in the stock for 3 consecutive trading days; net sales of CNPC exceeded 400 million yuan. ② Although the index has soared in the past two days, institutional and first-tier investment activity is still low, and individual stocks related to local markets such as Shanghai, Chinese characters, and big finance have all been bought very rarely. ③ The number of long positions added to IH contracts is greater than the number of short positions.
Futu Morning Post | Almost 2 years later! The S&P 500 reached a new high; AMD surged 19% weekly, overtaking Nvidia
Federal Reserve Officials Continue to Crack Down on Market Expectations of Interest Rate Cuts; Historic Moment! At 13.29 trillion US dollars, the size of US passive funds surpassed active funds; pre-sales are raging! Delivery of Apple Vision Pro orders delayed until March.